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Dollar Rebounds After Trump-Powell Drama; Trump Eyes 10-15% Tariffs | Bloomberg Brief 07/17/2025

DeFi Daily News by DeFi Daily News
July 17, 2025
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Dollar Rebounds After Trump-Powell Drama; Trump Eyes 10-15% Tariffs | Bloomberg Brief 07/17/2025
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Stocks edge higher and the dollar bounces following a jolt of nervousness over the future of Fed Chair Jerome Powell. President Trump says he would send letters to more than 150 countries about a potential 10-15% tariff rate. TSMC hikes its 2025 sales growth forecast to around 30% in US dollar in a boost for AI demand hopes. Deutsche Bank’s George Saravelos and Sitara Sundar of JPMorgan Private Bank discuss the potential market impact of a Powell removal and what to expect from this earnings season. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.

Chapters:
00:00:00 – Intro
00:01:58 – First Look Movers
00:03:32 – George Saravelos, Deutsche Bank Global Head of FX Research
00:11:24 – Trending on the Terminal
00:19:19 – Front Page News
00:22:14 – First Look Movers
00:23:30 – Sitara Sundar, JPMorgan Private Bank Head of Alternative Investment Strategy
00:32:15 – Trending on the Terminal
00:41:45 – What to Watch
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Tags: Adriana KuglerBloombergChristopher WallerDeutsche Bank AGDollarDonald TrumpDramaEyesFederal ReserveGeneral ElectricGeorge SaravelosImport/ExportInitial Jobless Claimsjerome powellJPMorgan Chase & Co.Lisa CookMary DalyNetflix Inc.PepsiCoReboundsSitara SundarStock Market OutlooktariffsTrumpTrumpPowellTSMCtsmc stockUS BancorpVonnie Quinn
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